The Technology Transfer Improvements Act Hearing Before the Subcommittee On Pa

Cover The Technology Transfer Improvements Act Hearing Before the Subcommittee On Pa
The Technology Transfer Improvements Act Hearing Before the Subcommittee On Pa
Copyrights United States Congress Senate Committee On the
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In particular, it would guarantee an opportunity for exclusive rights to intellectual property developed solely by laboratory employees under a CRADA, which may, in many cases, be very valuable to the CRADA partner. This position likely would enhance the atmosphere for collaboration, reducing tensions regarding ownership of intellectual property. The alternative approach would provide these benefits without hindering technology transfer applications for other fields of use, hence would promote ...maximum value to the American economy from taxpayers' investments in federal laboratories.
CONSIDERATIONS REGARDING ROYALTY PAYMENTS Both H. R. 3590 and the June Discussion Draft propose to change royalty payments to federal laboratory inventors from the current minimum of 15 percent of royalties to payment of the first $2, 000 or $10, 000, respectively, of income and a fixed royalty of 15 percent in excess of the sum of the value of the unreimbursed R&D resources provided by the laboratory plus either $2, 000 or $10, 000.


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